
M&S Christmas sales fell, but the company stayed upbeat on its transformation programme and at least its online sales saw healthy growth.
31 published items with the word (s) or phrase UK retail sector in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
M&S Christmas sales fell, but the company stayed upbeat on its transformation programme and at least its online sales saw healthy growth.
Harrods and Harvey Nichols have both reported profits rising strongly and now luxury peer Selfridges has joined them with news that operating profit hit a record £181 million in the year to February.
More bad news for the UK retail sector came on Monday as Mothercare issued an update and said it would close 60 stores and cut 900 jobs, rather than the 50 stores and 800 jobs that had been expected.
The UK retail sector was shocked at the weekend on news that two key supermarket names could merge. And if Sainsbury’s and Wal-Mart's Asda do merge, it would join up two of the most prominent fashion brands too.
The Foschini Group (TFG) has seen its share price rising after it reported strong trading in December. The South African group owns a raft of retailers including big UK names Whistles, Phase Eight and Hobbs.
All eyes were on Next on Thursday as this bellwether firm for the UK retail sector turned in its interim results. And what did we get? More than a touch of gloom but also definite hope for the future added to the mix.
Retailers in the UK, US, Germany and South Korea are under the most intense pressure to transform their business model due to industry disruptors like growing online shopping spend and fierce price wars.
Joules went from strength to strength in its latest year as its traditional image met its modern, omnichannel approach head on and created a big bang that led to explosive growth online and in-store.
Changes to M&S's fashion offer and a determination not to discount seem to be paying off. Sales aren't yet where they should be but the turnaround is "on track" and fashion sales should turn positive by year-end
Cautious shoppers stayed away from physical stores in greater numbers in May and fashion shops suffered the most. Hopes are low for June too after the shock election result, despite the month's warm weather boost.